# Brightworth

> Institutional holdings reported to the SEC as of Q3 2022 on Form 13F. CIK 1656666. Source: https://holderbook.com/funds/1656666-brightworth/

- Reported value: $933.4M
- Positions: 126
- Weight of the ten largest: 60.0%
- Filed: 2022-10-28

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ISHARES TR | [IXUS](https://holderbook.com/stocks/IXUS/) | $166.0M | 3,260,447 | 17.8% | 11 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $149.0M | 415,493 | 16.0% | 16 |
| VANGUARD MUN BD FDS | [VTEB](https://holderbook.com/stocks/VTEB/) | $65.6M | 1,363,024 | 7.0% | 6 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $61.7M | 519,160 | 6.6% | 16 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $31.8M | 445,978 | 3.4% | 12 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $25.9M | 187,706 | 2.8% | 16 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $15.7M | 33,226 | 1.7% | 16 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $15.3M | 45,757 | 1.6% | 16 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $15.2M | 158,749 | 1.6% | 16 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $14.0M | 50,712 | 1.5% | 16 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $13.3M | 92,427 | 1.4% | 16 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $13.0M | 284,886 | 1.4% | 9 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $13.0M | 114,832 | 1.4% | 16 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $12.5M | 158,804 | 1.3% | 16 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $12.0M | 138,804 | 1.3% | 15 |
| MARSH & MCLENNAN COS INC | [MRSH](https://holderbook.com/stocks/MRSH/) | $11.8M | 79,340 | 1.3% | 16 |
| YUM BRANDS INC | [YUM](https://holderbook.com/stocks/YUM/) | $11.3M | 106,471 | 1.2% | 16 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $10.9M | 61,078 | 1.2% | 16 |
| AMERICAN TOWER CORP | [AMT](https://holderbook.com/stocks/AMT/) | $10.3M | 48,015 | 1.1% | 16 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $10.1M | 49,827 | 1.1% | 16 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $10.1M | 43,313 | 1.1% | 16 |
| VALERO ENERGY CORP | [VLO](https://holderbook.com/stocks/VLO/) | $10.0M | 93,506 | 1.1% | 13 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $9.8M | 124,652 | 1.1% | 15 |
| BECTON DICKINSON & CO | [BDX](https://holderbook.com/stocks/BDX/) | $9.7M | 43,482 | 1.0% | 16 |
| DIAGEO PLC | [DEO](https://holderbook.com/stocks/DEO/) | $9.3M | 55,023 | 1.0% | 16 |
| DBX ETF TR | [HDEF](https://holderbook.com/stocks/HDEF/) | $9.2M | 505,713 | 1.0% | 11 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $9.1M | 93,901 | 1.0% | 16 |
| BLACKROCK INC | [BLKXXXX](https://holderbook.com/stocks/BLKXXXX/) | $8.5M | 15,515 | 0.9% | 16 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $8.4M | 316,526 | 0.9% | 16 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $8.0M | 34,298 | 0.9% | 16 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $7.5M | 79,933 | 0.8% | 16 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $7.3M | 57,836 | 0.8% | 16 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $7.3M | 40,532 | 0.8% | 16 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $6.9M | 182,223 | 0.7% | 16 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $6.8M | 168,817 | 0.7% | 16 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $6.3M | 39,632 | 0.7% | 12 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $6.1M | 109,121 | 0.7% | 16 |
| WISDOMTREE TR | [DES](https://holderbook.com/stocks/DES/) | $6.0M | 234,602 | 0.6% | 11 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $5.0M | 9,763 | 0.5% | 3 |
| VANGUARD INDEX FDS | [VV](https://holderbook.com/stocks/VV/) | $4.9M | 29,729 | 0.5% | 3 |
| SYSCO CORP | [SYY](https://holderbook.com/stocks/SYY/) | $4.3M | 61,094 | 0.5% | 16 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $4.0M | 10,391 | 0.4% | 8 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $3.8M | 17,495 | 0.4% | 8 |
| ISHARES TR | [ICSH](https://holderbook.com/stocks/ICSH/) | $3.7M | 74,230 | 0.4% | 12 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $3.6M | 34,451 | 0.4% | 16 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $3.5M | 13,273 | 0.4% | 16 |
| OREILLY AUTOMOTIVE INC | [ORLY](https://holderbook.com/stocks/ORLY/) | $3.4M | 4,845 | 0.4% | 5 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $3.4M | 33,165 | 0.4% | 1 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $3.1M | 25,876 | 0.3% | 8 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $3.1M | 9,930 | 0.3% | 3 |
| SCHWAB STRATEGIC TR | [SCHM](https://holderbook.com/stocks/SCHM/) | $3.0M | 49,998 | 0.3% | 16 |
| SPDR SERIES TRUST | [SLYV](https://holderbook.com/stocks/SLYV/) | $2.9M | 43,443 | 0.3% | 1 |
| ALIGN TECHNOLOGY INC | [ALGN](https://holderbook.com/stocks/ALGN/) | $2.8M | 13,360 | 0.3% | 16 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $2.4M | 12,910 | 0.3% | 5 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $2.3M | 17,268 | 0.3% | 16 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $2.0M | 14,868 | 0.2% | 16 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $2.0M | 49,466 | 0.2% | 9 |
| ISHARES TR | [IYW](https://holderbook.com/stocks/IYW/) | $1.9M | 26,530 | 0.2% | 16 |
| ROYAL BK CDA | [RY](https://holderbook.com/stocks/RY/) | $1.9M | 21,401 | 0.2% | 16 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $1.7M | 19,825 | 0.2% | 7 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $1.6M | 31,020 | 0.2% | 5 |
| VANGUARD SCOTTSDALE FDS | [VGSH](https://holderbook.com/stocks/VGSH/) | $1.6M | 28,186 | 0.2% | 1 |
| SCHWAB STRATEGIC TR | [SCHA](https://holderbook.com/stocks/SCHA/) | $1.6M | 41,646 | 0.2% | 16 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $1.5M | 9,171 | 0.2% | 16 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $1.5M | 6,980 | 0.2% | 16 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $1.2M | 4,189 | 0.1% | 16 |
| ISHARES TR | [IWB](https://holderbook.com/stocks/IWB/) | $1.2M | 5,917 | 0.1% | 16 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $1.2M | 6,817 | 0.1% | 3 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $1.0M | 23,711 | 0.1% | 16 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $1.0M | 6,465 | 0.1% | 16 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $932.0K | 4,133 | 0.1% | 15 |
| ISHARES TR | [EAGG](https://holderbook.com/stocks/EAGG/) | $857.0K | 18,462 | 0.1% | 5 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $805.0K | 3,490 | 0.1% | 16 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $792.0K | 4,066 | 0.1% | 16 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $784.0K | 2,387 | 0.1% | 14 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $765.0K | 9,213 | 0.1% | 3 |
| SPDR INDEX SHS FDS | [SPGM](https://holderbook.com/stocks/SPGM/) | $758.0K | 17,718 | 0.1% | 2 |
| ISHARES TR | [ACWI](https://holderbook.com/stocks/ACWI/) | $729.0K | 9,372 | 0.1% | 16 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $726.0K | 1,437 | 0.1% | 9 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $720.0K | 11,791 | 0.1% | 15 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $713.0K | 7,420 | 0.1% | 16 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $694.0K | 2,145 | 0.1% | 3 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $670.0K | 16,738 | 0.1% | 7 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $669.0K | 4,139 | 0.1% | 13 |
| DIMENSIONAL ETF TRUST | [DFUS](https://holderbook.com/stocks/DFUS/) | $613.0K | 15,792 | 0.1% | 5 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $597.0K | 20,361 | 0.1% | 10 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $579.0K | 2,704 | 0.1% | 16 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $563.0K | 6,872 | 0.1% | 4 |
| LULULEMON ATHLETICA INC | [LULU](https://holderbook.com/stocks/LULU/) | $559.0K | 2,000 | 0.1% | 3 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $553.0K | 5,735 | 0.1% | 2 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $548.0K | 12,739 | 0.1% | 2 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $546.0K | 14,958 | 0.1% | 16 |
| VANGUARD INDEX FDS | [VBK](https://holderbook.com/stocks/VBK/) | $545.0K | 2,791 | 0.1% | 2 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $491.0K | 1,374 | 0.1% | 10 |
| ISHARES TR | [LQD](https://holderbook.com/stocks/LQD/) | $479.0K | 4,679 | 0.1% | 2 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $460.0K | 2,757 | 0.0% | 9 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $454.0K | 4,019 | 0.0% | 10 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $419.0K | 2,231 | 0.0% | 9 |
| GENERAL DYNAMICS CORP | [GD](https://holderbook.com/stocks/GD/) | $411.0K | 1,935 | 0.0% | 16 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $405.0K | 13,420 | 0.0% | 10 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q3 2022 | -6.3% | -5.3% | -1.0% | 100% |
| Q2 2022 | -14.6% | -16.5% | +1.8% | 100% |
| Q1 2022 | -4.8% | -4.9% | +0.1% | 100% |
| Q4 2021 | +8.6% | +10.7% | -2.0% | 100% |
| Q3 2021 | -0.3% | +0.3% | -0.5% | 100% |
| Q2 2021 | +6.7% | +8.0% | -1.3% | 100% |
| Q1 2021 | +5.0% | +6.0% | -1.0% | 100% |
| Q4 2020 | +12.0% | +11.6% | +0.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2022 | $933.4M | 126 |
| Q2 2022 | $932.8M | 128 |
| Q1 2022 | $986.5M | 120 |
| Q4 2021 | $1.1B | 123 |
| Q3 2021 | $1.1B | 110 |
| Q2 2021 | $1.2B | 102 |
| Q1 2021 | $1.1B | 99 |
| Q4 2020 | $1.0B | 98 |
| Q3 2020 | $899.7M | 87 |
| Q2 2020 | $719.4M | 81 |
| Q1 2020 | $575.7M | 77 |
| Q4 2019 | $535.7M | 93 |